Can I retire at age 50 with 17,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $17,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,461,649$1,448,630$1,435,927$1,423,529$1,411,423$1,379,544
2 years$723,589$710,113$697,052$684,389$672,106$640,160
3 years$477,601$464,066$451,039$438,495$426,412$395,395
4 years$354,631$341,138$328,241$315,911$304,120$274,273
5 years$280,868$267,456$254,728$242,650$231,188$202,593
6 years$231,709$218,398$205,858$194,049$182,931$155,618
7 years$196,609$183,410$171,069$159,538$148,772$122,746
8 years$170,296$157,217$145,080$133,833$123,420$98,673
9 years$149,842$136,885$124,958$113,996$103,938$80,449
10 years$133,487$120,658$108,941$98,265$88,560$66,305
11 years$120,115$107,415$95,910$85,520$76,165$55,114
12 years$108,980$96,409$85,118$75,013$66,003$46,122
13 years$99,565$87,126$76,047$66,225$57,556$38,809
14 years$91,502$79,195$68,328$58,787$50,453$32,802
15 years$84,521$72,346$61,691$52,428$44,423$27,827
16 years$78,418$66,376$55,932$46,944$39,261$23,679
17 years$73,038$61,130$50,896$42,178$34,812$20,201
18 years$68,262$56,487$46,462$38,011$30,953$17,271
19 years$63,994$52,351$42,533$34,346$27,589$14,793
20 years$60,157$48,648$39,035$31,107$24,643$12,690
21 years$56,690$45,313$35,905$28,232$22,053$10,900
22 years$53,542$42,298$33,092$25,669$19,767$9,373
23 years$50,673$39,561$30,554$23,377$17,744$8,068
24 years$48,046$37,066$28,258$21,322$15,949$6,950
25 years$45,633$34,784$26,172$19,472$14,351$5,991
26 years$43,410$32,692$24,273$17,804$12,927$5,168
27 years$41,355$30,767$22,540$16,297$11,655$4,460
28 years$39,449$28,991$20,954$14,931$10,517$3,851
29 years$37,679$27,350$19,499$13,692$9,496$3,326
30 years$36,030$25,829$18,163$12,566$8,580$2,873
31 years$34,490$24,417$16,933$11,541$7,757$2,483
32 years$33,049$23,104$15,799$10,606$7,017$2,147
33 years$31,698$21,879$14,751$9,753$6,351$1,856
34 years$30,430$20,737$13,783$8,974$5,750$1,605
35 years$29,236$19,669$12,886$8,261$5,208$1,388
36 years$28,112$18,668$12,054$7,608$4,718$1,201
37 years$27,050$17,731$11,283$7,010$4,277$1,039
38 years$26,047$16,850$10,566$6,461$3,877$899
39 years$25,098$16,023$9,899$5,958$3,516$778
40 years$24,199$15,245$9,278$5,495$3,189$673
41 years$23,345$14,511$8,700$5,070$2,893$583
42 years$22,535$13,820$8,161$4,679$2,625$504
43 years$21,764$13,168$7,658$4,319$2,383$436
44 years$21,030$12,552$7,188$3,988$2,163$378
45 years$20,331$11,969$6,750$3,683$1,963$327
46 years$19,664$11,418$6,339$3,402$1,783$283
47 years$19,028$10,896$5,956$3,143$1,619$245
48 years$18,419$10,402$5,597$2,904$1,470$212
49 years$17,838$9,933$5,261$2,684$1,335$184
50 years$17,281$9,489$4,946$2,481$1,213$159

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $17,700,000, adding $2,679 every year, while hoping to spend $38,367 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 38/49/13 Blend
49$17,700,000$17,700,000$17,700,000$17,700,000
50$19,508,163$18,570,063$18,295,713$20,172,372
51$21,457,174$19,439,174$18,867,798$21,515,059
52$23,603,698$20,349,586$19,457,761$22,961,249
53$25,967,840$21,303,281$20,066,161$24,523,297
54$28,571,757$22,302,339$20,693,575$26,211,627
55$31,439,862$23,348,940$21,340,596$28,037,663
56$34,599,059$24,445,368$22,007,836$30,013,928
57$38,078,991$25,594,020$22,695,927$32,154,152
58$41,912,328$26,797,407$23,405,521$34,473,395
59$46,135,068$28,058,162$24,137,288$36,988,174
60$50,786,879$29,379,046$24,891,921$39,716,613
61$55,911,475$30,762,953$25,670,134$42,678,602
62$61,557,026$32,212,918$26,472,665$45,895,971
63$67,776,615$33,732,123$27,300,271$49,392,687
64$74,628,736$35,323,904$28,153,736$53,195,065
65$82,177,848$36,991,757$29,033,868$57,332,004
66$90,494,986$38,739,350$29,941,500$61,835,247
67$99,658,424$40,570,527$30,877,489$66,739,664
68$109,754,420$42,489,320$31,842,722$72,083,568
69$120,878,029$44,499,955$32,838,112$77,909,059
70$133,133,999$46,606,864$33,864,600$84,262,406
71$146,637,760$48,814,694$34,923,157$91,194,465
72$161,516,514$51,128,316$36,014,785$98,761,143
73$177,910,434$53,552,839$37,140,516$107,023,903
74$195,973,990$56,093,620$38,301,415$116,050,328
75$215,877,404$58,756,274$39,498,579$125,914,734
76$237,808,260$61,546,692$40,733,142$136,698,854
77$261,973,271$64,471,049$42,006,271$148,492,581
78$288,600,233$67,535,818$43,319,169$161,394,797
79$317,940,174$70,747,791$44,673,079$175,514,281
80$350,269,725$74,114,086$46,069,280$190,970,705
81$385,893,729$77,642,168$47,509,093$207,895,741
82$425,148,121$81,339,866$48,993,880$226,434,271
83$468,403,098$85,215,388$50,525,043$246,745,728
84$516,066,613$89,277,341$52,104,031$269,005,564
85$568,588,229$93,534,752$53,732,337$293,406,878
86$626,463,358$97,997,085$55,411,500$320,162,203
87$690,237,943$102,674,264$57,143,108$349,505,471
88$760,513,608$107,576,698$58,928,797$381,694,188
89$837,953,340$112,715,300$60,770,256$417,011,824
90$923,287,746$118,101,515$62,669,224$455,770,445
91$1,017,321,951$123,747,344$64,627,498$498,313,615
92$1,120,943,199$129,665,373$66,646,928$545,019,593
93$1,235,129,228$135,868,799$68,729,423$596,304,859
94$1,360,957,501$142,371,462$70,876,951$652,627,990
95$1,499,615,379$149,187,877$73,091,542$714,493,937
96$1,652,411,327$156,333,262$75,375,288$782,458,738
97$1,820,787,270$163,823,579$77,730,347$857,134,708
98$2,006,332,204$171,675,567$80,158,946$939,196,158
99$2,210,797,196$179,906,777$82,663,379$1,029,385,697
100$2,436,111,920$188,535,619$85,246,012$1,128,521,174